FTLS ETF Analysis: Long/Short Equity | NYSE
Long/Short & Market Neutral | NYSE, USA | Market Cap: 2.575m USD | 12M Return: 6.1% | US33739P1030 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 11.7M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 11.9 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
The First Trust Long/Short Equity ETF (FTLS) is an actively managed ETF that pursues its investment objective by establishing long and short positions in U.S. exchange-listed equity securities and ETFs. Under normal market conditions, the fund allocates at least 80% of its net assets to these U.S. exchange-listed equity securities and ETFs, while it may invest up to 20% of its net assets in U.S. exchange-listed equity index futures contracts. The long-short equity strategy involves buying securities expected to rise in value while simultaneously selling short securities expected to decline, a common alternative-investment approach designed to potentially benefit from both upward and downward price movements in U.S. equities.
- Equity market volatility drives long-short strategy returns
- Rising interest rates increase short-side borrowing costs
- AUM growth expands management fee revenue base
As of November 12, 2026, the stock is trading at USD 75.68 with a total of 171,967 shares traded. Over the past week, the price has changed by -0.73%, over one month by -2.99%, over three months by +0.40% and over the past year by +6.13%.
Current recommended Stop Loss: 74.30 (which is 1.8% or 1.9 ATR below the current price).
Long/Short Equity has no consensus analysts rating.